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GST : Nissan Cuts Vehicle Prices by Up To 3%

Nissan Logo. (Photo: Reuters)

Nissan Logo. (Photo: Reuters)

Under the new GST regime, automakers announced price cuts ranging from Rs 350 in the case of two-wheelers to Rs 3 lakh on Ford's SUV Endeavour.

Japanese automaker Nissan yesterday announced a reduction in prices of its vehicles, including Datsun brand, by an average of 3 percent to pass on the GST benefit to customers. Ex-showroom prices of the company's products have been reduced by an average of 3 percent, depending on city and model specification, Nissan Motor India said in a statement.

"The implementation of the GST is a positive move for both automobile manufacturers and customers. We are happy to pass on the benefits to our customers for a more attractive value proposition," Nissan Motor India MD Arun Malhotra said.

GST: SUVs Now Cheaper By Up To Rs 3 Lakh

The company sells a range of vehicles under Nissan and Datsun brands, ranging from hatchback Redi Go to SUV Terrano, in the Indian market. Yesterday, Tata Motors and Renault had announced a reduction in prices. Companies like Mahindra & Mahindra, Honda Cars India, Ford, Maruti Suzuki, Toyota, Jaguar Land Rover, BMW, Mercedes-Benz and Audi have already reduced prices to pass on the GST benefits.

Even two-wheeler makers like TVS Motor Company, Honda Motorcycle & Scooter India, Hero MotoCorp, Bajaj Auto, Royal Enfield, Yamaha and Suzuki Motorcycle have cut prices.

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